- Language: English
- 64 Pages
- Published: November 2011
- Region: Ghana
Frontier Real Estate Investment Corp. Mar 07
- Published: March 2007
- Standard & Poors
Standard & Poor's assigned its 'A+' long-term and 'A-1' short-term corporate credit ratings to Frontier Real Estate Investment Corp. (FRI) on Dec. 26, 2006. The outlook on the long-term rating is stable. The highly regulated nature of Japanese real estate investment trusts (J-REITs); FRI's strong business position and conservative financial policy; The high quality of the real estate portfolio that generates a stable cash income stream, and the credit quality of tenants; The expertise of the asset management firm, Frontier REIT Management Inc. (FRM), appointed by FRI; and The solid credit quality and the moderate real estate development track record of the sponsor company, Japan Tobacco Inc. (JT; A+/Watch Neg/--). (When Standard & Poor's assigned its corporate credit ratings to...
Companies mentioned in this report are: Frontier Real Estate Investment Corp.
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
SHOW LESS READ MORE >
Frontier Real Estate Investment Corp.